- ORLEN invested over PLN 21 billion in 2025 to enhance Poland's energy security.
- The Baltic Power offshore wind farm entered a crucial phase with additional turbines installed.
- ORLEN's operations in Norway discovered the Omega Alfa field with 134 million barrels of oil equivalent.
- The HVO unit will produce biocomponents from rapeseed oil and used cooking oil.
Investment and Financial Performance
In 2025, ORLEN Group invested over PLN 21 billion to bolster Poland's energy security, marking the highest investment in its history. The third quarter saw a LIFO-based EBITDA of PLN 8.9 billion, contributing to a near PLN 30 billion total for the first nine months. Revenue for the quarter was PLN 61 billion, with an operating cash flow of PLN 8.2 billion.
Segment Performance
The Upstream & Supply segment generated an EBITDA of PLN 3.3 billion, with an average daily hydrocarbon production of 197 thousand boe. The Downstream segment achieved a LIFO-based EBITDA of PLN 2.4 billion, processing 10.2 million tonnes of crude oil. The Energy segment reported an EBITDA of PLN 2.2 billion, driven by increased gas distribution and renewable energy output.
Renewable Energy and Infrastructure
ORLEN advanced its Baltic Power offshore wind farm, installing over 50 foundations and several turbines. The Group's total installed capacity reached 6.3 GWe, with renewable capacity up 60% year-on-year to 1.7 GWe. A new 44 MW solar PV system will supply power to the Mažeikiai refinery.
Strategic Developments
In Norway, ORLEN discovered the Omega Alfa field, adding 134 million barrels of oil equivalent to its reserves. The HVO unit, entering the commissioning phase, will produce biocomponents from rapeseed oil and used cooking oil. ORLEN also secured PLN 3.5 billion in debt funding for offshore wind development and signed a contract with Equinor for over 6 million tonnes of crude oil.
